Acknowledging the kind of traction gained by this market, recently published a study report asserts the Global Ligament Prostheses Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.9% during the review period (2022 to 2027).
A three-dimensional braider is used to create a ligament prosthesis. The prosthetic ligament has an eyelet on one end and a pigtail on the other. During surgery, the pigtail is removed, leaving a continuous three-dimensional braided structure to define the remaining implantable prosthetic ligament. Ligament prostheses are classified into two types: synthetic and allograft. The first allograft tissue transplant involves the transfer of a natural prosthesis from one person to another. Synthetic tissue, on the other hand, is made of non-biodegradable, body-safe, and lightweight materials. The structural integrity of the ligaments can be compromised by genetic conditions, accidents, and poor lifestyle choices. This leads to surgical treatments for ligament injuries such as autografts.
The diversification of ligament prostheses into numerous product types by ligament prostheses manufacturers may drive the Ligament Prostheses Market. The Global Ligament Prostheses Market report offers a comprehensive analysis of the market. The report provides a thorough examination of key segments, trends, drivers, restraints, the competitive landscape, and factors that are significant in the market.
One of the key growth drivers for the global ligament prostheses market is the rising incidence of ligament injuries. According to the American Academy of Orthopaedic Surgeons, approximately one in every five people in the United States suffers from a sports-related injury each year, which frequently necessitates surgical intervention. Over the forecast period, this is expected to drive demand for ligament prostheses products. Patients and healthcare professionals are becoming more aware of advanced treatment options for a variety of medical conditions, including ligament injuries. In the coming years, this is likely to increase demand for novel and innovative products such as ligament prostheses.
The Global Ligament Prostheses includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Zimmer Biomet (NYSE: ZBH), Bone Bank Allografts, Corin, Cousin Biotech, Exactech, FH Orthopedics, FX Solutions, JRF Ortho, Lifenet Health, Neoligaments and others.
June 2019--Corin announced the 3000th BalanceBot Procedure. The BalanceBot procedure is an FDA-approved ligament balancing robot that provides surgeons with intra-operative data on ligament tension.
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
North America dominated the global market in 2019 with a revenue share of more than 33.0 percent. Due to high healthcare expenditure, favorable reimbursement policies, and an increasing geriatric population, the region is expected to maintain its dominance throughout the forecast period. Furthermore, the rising incidence of sports injuries is expected to drive growth in this sector. According to a WebMD LLC. The article, more than 600,000 people are admitted to the United States each year.
The Global Ligament Prostheses Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Ligament Prostheses Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers the Global Ligament Prostheses Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Global Ligament Prostheses Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Global Ligament Prostheses Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Zimmer Biomet (NYSE: ZBH), Bone Bank Allografts, Corin |
Forecast Period 2022 to 2027 CAGR | CAGR of 5.9% over the forecast period (2022-2027) |
By Type |
|
By Application |
|
By Companies | Biomet, Bone Bank Allografts, Corin, Cousin Biotech, Exactech, FH Orthopedics, FX Solutions, JRF Ortho, Lifenet Health, Neoligaments |
Regions Covered |
|
Countries Covered |
|
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 140 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Global Ligament Prostheses Market is studied from 2017 - 2027.
What is the growth rate of the Global Ligament Prostheses Market?
The Global Ligament Prostheses Market is growing at a CAGR of 5.9% over the next 5 years.
Who are the key players in Global Ligament Prostheses Market?
Biomet, Bone Bank Allografts, Corin, Cousin Biotech, Exactech, FH Orthopedics, FX Solutions, JRF Ortho, Lifenet Health, Neoligaments
What regions does this Global Ligament Prostheses Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Global Ligament Prostheses Market?
Allograft Prostheses, Synthetic Prostheses
What are the major end-use applications of Global Ligament Prostheses Market?
Hospital, Clinic
All our reports are custom made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
Reach us with your research requirements and we shall provide the optimum solution to suit your needs.
Discounts available for multiple report purchases.